These loans allow older homeowners to borrow against their home equity. But unlike a traditional loan, you don’t have to make a monthly mortgage payment when you take out a reverse mortgage. Instead, ...
Missouri and Tennessee are tied for bordering the most states: eight. This week I head to Missouri, the jumping off point for thousands of wagon trains heading west in the mid-1800s. Back then, land ...
Bill Pulte, director of the Federal Housing Finance Agency, quickly announced in a social media post that the administration ...
Experts in the mortgage industry are skeptical. Buyers would pay less each month, but would end up paying more over time.
Borrowing from a builder might get buyers an eye-catching mortgage rate, but it also means they are more likely to overpay ...
InsuranceNewsNet asked some experts to weigh in on what the president's 50-year mortgage proposal could mean for future homebuyers.
Proprietary reverse mortgages are gaining traction and represented 40% of the market in September, just before HECM endorsements were paused.
Sun West Mortgage Co. has filed a lawsuit against First National Bank of Pennsylvania for failing to repurchase reverse ...
I’m sure you’ve had plenty of clients tell you they want to pay off their mortgage. After all, being debt-free is a worthy goal, and it brings peace of mind, especially in times of economic chaos. But ...
The Trump administration has another idea to make housing more affordable: Let homeowners take their mortgage rate with them ...
The median sale price of a home was $415,200 in September, according to CNBC. And with an average current interest rate of ...
Nadine Higgins is the host of NZME's personal finance podcast The Prosperity Project and a financial adviser at enableMe. She was formerly a financial journalist and broadcaster. Reverse mortgages and ...